Most profitable automaker in the world: bmw ahead of suzuki & daimler

serious & Young has taken a close look at the latest figures from automakers and ranked the world’s most profitable automakers in 2017. The place …

serious & Young has taken a close look at the latest figures from automakers and ranked the world’s most profitable automakers in 2017. The place in the sun was once again won by the BMW Group, which was already at the top in the previous discussion. With a margin of 10.0 percent, the BMW Group was the most successful car maker among the 16 highest-volume providers in the world. The basis of the ranking is the operating profit of the entire group, which means that, in addition to the core area of ​​automobiles, it also includes financial services, for example.

In second place behind BMW is a car manufacturer from Japan, Suzuki, which achieved a remarkable margin of 9.8 percent in 2017 and was thus able to leave almost all larger corporations behind. Daimler came third with 8.9 percent, one place lower than last year. Despite the burdens of the diesel scandal, Volkswagen has a margin of 6.0 percent and thus lands in eighth place.

Most profitable automaker in the world: BMW ahead of Suzuki & Daimler

If one were only to consider the automotive division of the corporations, the ranking would look a little different: Daimler would be at the top with a margin of 9.6 percent, while BMW would do a little worse with 8.9 percent. At Volkswagen, the margin in the automotive division, at 5.9 percent, is practically at the same level as that of the entire group.

Overall, the 16 largest car manufacturers in the world have their joint profit in 2017, according to Ernst & Young increased by 12.4 percent to 104 billion euros. However, the analysts expect a significant decline in these numbers in the next few years, because the challenges for the automotive industry are great: high investments in electric cars are absolutely necessary, but would hardly generate profits in the short term.

The BMW Group also expects a margin in the range of 8 to 10 percent in the coming years. The company has already ticked off some of the necessary investments in electromobility, and numerous luxury vehicles with generally high margins are expected to come onto the market in the next few months: BMW 8 Series and M8, i8 Roadster, X7 and Rolls-Royce Cullinan are completely new, the new editions of the BMW X5 and X6 as well as the upcoming 7 series facelift should also contribute to increasing sales figures in the luxury segment.

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